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Tesla to top $9 billion spending target this year

23 Oct 2023

Tesla said on Monday its capital expenditure for 2023 would exceed the $7 billion to $9 billion target it had laid out earlier this year, as the electric vehicle maker...

Dubai a global testbed for ideas and innovations, says Sheikh Hamdan

06 Oct 2023

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF),...

Turkey’s CB begins rolling back costly FX-protected deposits

20 Aug 2023

Turkey’s central bank began rolling back on Sunday a growing and costly scheme that protects lira deposits from FX depreciation, marking another move toward more orthodox policies following a shift...

Sheikh Hamdan launches Dubai Future Fellowship programme

09 Apr 2023

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai, and Chairman of the Board of Trustees of the Dubai Future...

Global stock markets rise, but risks of inflation flare-up pick up

04 Apr 2023

Global stocks rose on Tuesday, while investors grappled with the possibility of a flare-up in inflation due to the Opec+ group’s surprise output target cut, while the dollar dipped after...

VAT a major revenue-generating source

09 Feb 2023

Inayat-ur-Rahman, Business Editor Value-added Tax (VAT) will continue being the primary revenue-generating tax for the UAE for the next few years, according to a report published by WTS Dhruva Consultants...

Future of financing in India is through digitisation, says FM

20 Sep 2022

Finance Minister Nirmala Sitharaman on Tuesday said that future of financing in India is going to be governed through digitisation, noting that in July 2022 alone, 6.2 billion transactions worth...

Sheikh Hamdan announces inaugural ‘Dubai Future Forum’

24 May 2022

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF),...

German inflation hits fresh 13-year high on higher prices

30 Aug 2021

Germany’s annual consumer price inflation accelerated to a fresh 13-year high in August, data showed on Monday, underlining growing price pressures as Europe’s largest economy recovers from the pandemic and...

WTO discusses COVID-19 impact on trade in Arab, Mideast region

26 Mar 2021

Key trade negotiators, decision makers and private sector representatives from Arab and Middle Eastern countries discussed contemporary trade policy issues in the region, including the impact of the COVID-19 crisis,...

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